Budget Management Warning Flag 1 – Across the Board Cuts

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Turbulent economic times typically require budgetary constraint and even cutbacks. As business slows and revenues decline, executives demand managers reduce spending and increase production efficiency. Waste cannot be tolerated and must be rooted out.
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Corporate Cultures – Leader Initiated, Rules and Standards Controlled Environment

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The Leader Initiated, Rules and Standards Controlled Environment represents a moderate leader led work environment that gives lower level mangers and supervisors somewhat more autonomy to direct day-to-day activities without relinquishing centralized control. This culture set realizes the benefits of centalized direction setting and improved, if not rigid, consistency. The reliance on rules and standards provides some degree of local flexibility that heightens situational responsiveness but diminishes consistency in actions and results between workgroups and locations.

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Budget Development Best Practice 1 – Maintain Confidentiality During Budget Development

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Budgets are the financial representation of an organization’s business plan. As such, they convey a great deal of information regarding the organization’s direction - its ongoing operations, market pursuits, future investments, and staffing levels.
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Corporate Cultures – Supervisor Initiated, Rules and Standards Controlled Environment

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The Supervisor Initiated, Rules and Standards Controlled Environment is the centerpoint of StrategyDriven Culture-base Work Performance Model. This culture set represents a moderation of most benefits and risks. Subsequently, organizations can more easily flex in the cultural direction needed to implement a change. Conversely, these moderated cultural characteristics may lack the significant intensity necessary to rapidly drive change.

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Tactical Execution Best Practice 6 – Succession of Authority

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StrategyDriven Tactical Execution Best Practice Article“You are not open for business unless you are ready to do business.”
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Limited resources, personnel, financial, and material, are a constraining reality faced by every business. These constraints prevent leaders from executing on business activities and in some avoidable cases result in customers not receiving the goods and services to which they are entitled. In other instances, business operations cease altogether. While demand spikes cannot be perfectly anticipated, policy-induced limitations are fully avoidable and often inexcusable. An executable authority succession pan is one such mechanism used to avoid a policy-driven operational stoppage.

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